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2010-11-09T12:48:49Z
DOWNERS GROVE, Ill. (AP) -- Sara Lee Corp. is selling its North American Fresh bakery unit to baking company Grupo Bimbo for $959 million as it looks to concentrate more on its coffee and meat businesses....

Adam Gefvert submits:Tasty Baking (TSTY) has bounced back up quite a bit since it reached a 52-week low of $1.50 on March 30. In fact, it has gone up 25% since those lows to $1.98. Quite a bounce on no news, and I assume some TSTY longs are optimistic that a potential suitor will take over.